Article II of the United States Constitution Lists Four Express

question 43

Multiple Choice

Article II of the United States Constitution lists four express powers of the president. Which of the following is NOT one of the express powers?

• A) Commander in chief of the armed forces
• B) Power to grant reprieves or pardons
• C) Power to make treaties
• D) Power to declare war
• E) Power to appoint federal judges and justices

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Definitions:

Intangible Asset

An asset that is not physical in nature, such as patents, trademarks, and goodwill, which has value due to its potential to generate economic benefits.

Identifiable

Capable of being recognized and distinguished from others, often used in accounting and finance to describe assets that can be attributed to a particular entity.

Cash Flows

The inflows and outflows of cash and cash equivalents, representing the operating, investing, and financing activities of a business.

Operating Activities

Transactions and events related to the primary activities of a business, such as selling products or services, that affect the operational cash flow.